FLOOD04566 - Laserfiche WebLink

Home Browse Search

I I I I I I I I I I I I 60 Sales Tax: The City of Boulder levies a one cent sales tax that is earmarked for maJor thoroughfares and open space acquisition. Where such a tax is levied, a portion of the money used for major thoroughfares can be designated for drainage facilities, since provision of adequate drain- age is necessary for the proper construction, operation, and maintenance of major thoroughfares, The portion of the money earma'rked for open space can, in part, be related to drainage facilities since, in the piiot drain- age project, the rights-of-way will be multi-purpose features that would serve as greenbelts and recreational areas, as well as functioning as drain- age faci I ities. General Corporate Levy: The City's general funds are used to finance drainage facilities in conjunction with street maintenance and bridge con- struction. Also, capital improvements are budgeted on a five-year basis and drainage facilities could be included in this manner. User Charqes: A program could be worked out in which user charges would be levied. This would be the service charge mentioned earlier, Development Aqreements with Subdividers: This would be a procedure whereby potential subdividers would contribute to the cost of drainage facilities made necessary because of their development, It is the same procedure that was discussed under the County funding provisions. Special Improvement Bonds: A Special Improvement District could be organized and persons who benefit directly from the drainage facilities that would be constructed would be assessed the costs of the facilities. The money obtained from these assessments would be used to retire the bonds which finance the construction. This would be particularly applicable to those who constructed buildings in an imprudent manner in the flood plains, Local Improvement Bonds: A Local Improvement District could be form- ulated and ad valorem tax used to finance necessary improvements. These taxes would then be used to retire the local improvement bonds that would be used to finance the project. I I I I I il I POTENTIAL USE AND MAGNITUDE OF FUNDS Financing drainage facilities in Boulder should not be as difficult as one might think if a little preplanning and "politicking" is done. The key to financing drainage improvements is to identify drainaqe with roads, streets, and bridges, and with open space and parks and recreation areas. Certainly the street and road personnel realize that maintenance, repairs, and rebuilding area necessitated in part by surface waters, and if adequate drainage is available, the aforesaid problems are reduced. The Job of "polIticking" is to get county commIssioners and city councilmen to realize this simple fact and in their budget deliberations make separate provisions for providing for drainaqe rather than putting all of their resources into streets, roads, and bridges.